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Updated over 9 years ago on . Most recent reply

Account Closed
  • Jack of all trades
  • Fort Worth, TX
12
Votes |
20
Posts

Looking for Portfolio Lenders in DFW

Account Closed
  • Jack of all trades
  • Fort Worth, TX
Posted
Hello Bigger Pockets world! Need a some assistance in locating a portfolio lender in the DFW area. I have a hard money loan on a recent flip I have done. Decided to keep it in my portfolio. I am looking to refinance with the goal of pulling some cash out in a best case scenario. Bought the house total loan is about $108k and have an appraisal in hand at $157k. Still working on issuing myself a W2 so conventional is kind of out of the question talked to a few banks and haven't had luck. Thought the pros here may have some go to contacts. Please let me know! Thanks in advance everyone!

Most Popular Reply

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749
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Andy Webb
  • Rental Property Investor
  • Carrollton, TX
538
Votes |
749
Posts
Andy Webb
  • Rental Property Investor
  • Carrollton, TX
Replied

@Account Closed - have you talked to any of the truly local banks?  I am talking about the kind that have one or two branches only, not the national or even regional kinds.  For example, First National Bank in South Lake is one that will do this type of lending.  There are many more, but that is the first that comes to mind.

Good luck,

Andy

  • Andy Webb
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